Phelps v. Watson-Stillman Company
Supreme Court of Missouri
1Opinion of the Court
BARRETT, C.
[431] Pursuant to the provisions of the General Business Corporation Law, the A. Lesehen and Sons Rope Company, a Missouri corporation, was merged or consolidated (V.A.M.S., Sees. 351.410-351.450) with the defendant, 'Watson-Stillman Company, a New Jersey corporation, on July 30, 1953. The plaintiffs, seven minority stockholders, having duly objected to the consolidation, instituted this statutory proceeding (Matter of Fulton, 257 N. Y. 487, 492, 178 N. E. 766, 768) to have the “fair value” of their shares determined “as of the day prior to * * * such merger,” July 29, 1953, and…
2Cases cited11 opinions
- Tri-Continental Corporation v. BattyeSupreme Court of Delaware · 1950
- Chicago Corp. v. MundsCourt of Chancery of Delaware · 1934
- Matter of FultonNew York Court of Appeals · 1931
- Anderson v. International Minerals & Chemical Corp.New York Court of Appeals · 1946
- In Re the General Realty & Utilities Corp.Court of Chancery of Delaware · 1947
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3Cited by38 opinions
- Flarsheim v. Twenty Five Thirty Two Broadway Corp.Supreme Court of Missouri · 1968
- Jesser v. Mayfair Hotel, Inc.Supreme Court of Missouri · 1962
- 1st Union Natl. Bank v. Paul BenhamCourt of Appeals for the Eighth Circuit · 2005
- Household Finance Company, Inc. v. WatsonMissouri Court of Appeals · 1975
- Forinash v. DaughertyMissouri Court of Appeals · 1985
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